NIFTY
Current: 6,175 (futures: 6,198);
Target: NA
Stop-loss shorts at 6,250 and stop loss long positions at 6,150. Breakouts or breakdowns could go till 6,300 or 6,100, respectively. The bearspread of long 6,200p (93) and short 6,100p (55) can be held - it will be gain 15-20 if the index drops below 6,125.
COAL INDIA
Current: Rs 289;
Target: Rs 297
Keep a stop at Rs 285 and go long. Add to the position between Rs 292 and Rs 294. Book profits at Rs 297.
TCS
Current price: Rs 2,232;
Target price: Rs 2,258
Keep a stop at Rs 2,210 and go long. Add to the position between Rs 2,240 and Rs 2,255. Book profits at Rs 2,258.
BANK OF BARODA
Current price: Rs 630;
Target price: Rs 615
Keep a stop at Rs 636 and go short. Add to the position between Rs 620 and Rs 625. Book profits at Rs 615.
The target prices and projected movements given above are in terms of the next one trading session, unless otherwise stated
